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PINTEREST INCO. reduced its risk exposure resulting in an upgrade to Slightly Positive
PINTEREST INCO. (US), a company active in the Broadcasting & Entertainment industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as moderately risky. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date June 19, 2020, the closing price was USD 23.21 and its potential was estimated at USD 25.46.
Vermilion Compass: Weekly Equity Strategy
Market In “Wait-And-See” Phase We started to see waning upside momentum in the S&P 500 last week with the rising wedge breakdown and 2760 support level violation on Tuesday. Despite this, there was no downside follow through the following day as investors digested a new $484B fiscal relief package. This led to the S&P 500 finding support at 2725-2735 which leads us to where we are now -- testing recent highs. We see waning upside momentum and several aspects continue to suggest the S&P 500 remains vulnerable to a pullback, but the market is simply not breaking down. We believe some near-term ...
PINTEREST INCO. reduced its risk exposure resulting in an upgrade to Slightly Positive
PINTEREST INCO. (US), a company active in the Broadcasting & Entertainment industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as moderately risky. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date June 19, 2020, the closing price was USD 23.21 and its potential was estimated at USD 25.46.